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BNSF trains traveled over 169million miles in 2010, more than any other North American railroad. 0:01. of 17,976 shares. Keith moved on to Georgetown Law School and an inspired career in telecommunications and venture capital, the kind of work where a 10 percent raise carries a bit more oomph. Wallmine is a radically better financial terminal. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Philanthropist Gerald Ronson's net worth is $1-5 Million at the age of 80 years old. This website uses cookies to improve your experience while you navigate through the website. ", "Delta Air Lines needs to cut costs, says CEO. Delta Air Lines Inc (DAL)'s detailed insider trading history can be found in Insider Trading Tracker table. Grinstein received the Railroader of the Year award in 1996.[3]. Grinstein was the CEO of Delta Air Lines from 2004 to 2007. Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. It was the brainchild of William Boeing and emerged from his consolidation of numerous carriers and equipment manufacturers from 1928 to 1930. These cookies do not store any personal information. Fundamental company data provided by Morningstar, updated daily. , In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Gerald Grinstein. Delta Air Lines executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Jerry Grinstein is Founding Partner at Harkness Capital Partners LLC. A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. Im kind of in shock still, said Rick Yoder, owner of the Wild Ginger restaurant in downtown Seattle, where Mr. Grinstein was both an investor and regular patron. According to BRHS Burlington Bulletin #17, when informed that Budd was building a similar car for AT&SF President Fred Gurley (a former Q official), Murphy left the design details of the new car up to the Mechanical . Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. Gerald Grinstein made Wise counsel from a wise man: Do one thing well. Since 1987, he had been a director of Delta Air Lines and served as Delta's non-executive chairman from August 1997 until October 1999. and Gerald Grinstein of Burlington Northern Inc.; . Will Others Follow? In 2003, much to his surprise, the state's revenue agency presented him with a bill for $25 million, including penalties and interest, for the previous four years' worth of art purchases. Rapper, chef and author Action Bronson takes us on a journey from his early days at culinary school, to releasing critically acclaimed albums, to writing books, starring in TV shows and building an iconic brand around his favorite interests. Most recently, Mr. Grinstein was chairman of Coinstar, a Bellevue-based operator of coin-counting machines, as well as a director of Seattle technology company F5 Networks and Tacoma-based staffing agency TrueBlue. All content in this area was uploaded by Mark Tatge on Feb 28, 2015 Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. The most efficient rank is 1 and least efficient is 189. Seattle Times researcher David Turim contributed to this story. Past performance is a poor indicator of future performance. Grinstein and his wife Carolyn live in Medina, Washington. sale , He was the President at IBM and chair of the board at Red Hat, and previously Chief Executive Officer at Red Hat and Chief Operating Officer at Delta Air Lines. BOX 20574, ATLANTA, GA, 30320. He had an incredible sense of humor. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. For example, if someone owes more than the total value of their assets, they have a negative net worth. The Bottom Line. Mullin achieved particular prominence following the September 11, 2001 tragedy when, with the airline industry on the brink of failure, he served as the chief legislative and public spokesperson for the industrys recovery program. She did say the couple plan to make some changes. Exchange trademark and copyright notices. Let us take the example of Apple and Amazon. Bressler retired in 1990, and Grinstein assumed the additional post of chairman. California Weighs $360,000 in Reparations to Eligible Black Residents. The Grinsteins have had their eye on the mansion for quite a while. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. I was acting the obnoxious Hamlet. Friends and business associates said Monday they were struggling to cope with the news of his sudden death. The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. The company filed for bankruptcy protection under Chapter 11 in 2012 and emerged from Chapter 11 in 2013 as a wholly owned subsidiary of Delta Air Lines. sale Thomas W. Horton is a partner of Global Infrastructure Partners and is lead director at Walmart Inc. and General Electric Corp. United Airlines is the third largest airline in the world, with 86,852 employees and 721 aircraft. When its one-time expenses were included, Delta lost $7.64 a share. Vice President Paulo Henrique Bolgar Allen, el hombre que, en la cumbre de su poder, haba detentado los ttulos de presidente, director ejecutivo y gerente general, fue despedido a la edad de 55 aos, sobre todo por haber matado el alma de la empresa. 1Annualized. Bressler continued as chairman of Burlington Northern and Burlington Resources, while Gerald Grinstein, who had been vice-chairman of both companies, became Burlington Northern ' s president and chief executive officer in 1989. Footnotes: George Washington's salary of $25,000 was . C.E. When Western Airlines and Delta Air Lines, Inc. of Atlanta, Georgia merged in 1987, Grinstein, CEO of Western since 1985, was appointed to Delta's Board of Directors and has remained on the board since then. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. "Just imagine that you'll only live to be 40," Keith said. (Gerald Grinstein says)(Brief Article). "Michael Jordan," Keith said. of 0 shares. 1:06. no insider transaction in Delta Air Lines Inc (DAL). Efficiency rank is based on our chief executive's performance/pay score. Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA. He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. Keith Grinstein wheeled and dealt as a high-powered lawyer and executive who earned his spot at the top of Seattle's high-tech and . "We might remodel, we might start over again. You might contact Gerald Grinstein via mailing address: 395 Page Mill Rd, Palo Alto Ca 94306. He led Delta during one of the most tumultuous periods in aviation history, beginning in 1997, just as airlines were struggling to emerge from the economic crises of the early 1990s. It was humbling. ", William Ruckelshaus, Gerald Grinstein celebrate 80th birthdays with salmon-fishing trip | The Seattle Times. In the example, we've denoted them as current net worth (NWc) and past net worth (NWp). On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. VICE PRESIDENT/GENERAL COUNSEL Michael K Walton Delta Air Service was incorporated on December 3, 1928, and named after the Mississippi Delta region. It's a community that's done enormous good, recasting funding priorities and embracing transparency. His father, Gerald Grinstein, is a former CEO of . Even before that, every president has been paid well. Total returns and value of stock owned (including all classes) is based on Mar. 1 carries the name "Gerald Grinstein." Grinstein was Chairman and CEO of the Railroad from 1985 to 1995, a period of extensive growth. ALPA was founded on 27 July 1931 and is a member of the AFL-CIO and the Canadian Labour Congress. He worked as a lawyer in New York and Washington, D.C., before returning to Seattle in the late 1980s to join McCaw Cellular Communications (later AT&T Wireless Services). Donations may be made in Mr. Grinsteins memory to the Humane Society of Seattle-King County, 16495 N.E. There isnt anyone in business in Seattle who doesnt know Keith. Gerald Ronson is from British. Anderson inherited an angry board of directors and impatient . of 29,672 shares made by Joanne D Smith a net Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. Things didn't work out as Grinstein had hoped. Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. He spent a cool $71,000 for his Tesla, in large part because it is U.S. built, incorporates U.S. technology, and is the result of U.S. innovation. WOODS) BNSF 1 Gerald Grinstein - (J. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. EVP & Chief Financial Officer Kurt B Mcmaken Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. AMR Corporation was an airline holding company based in Fort Worth, Texas, which was the parent company of American Airlines, American Eagle Airlines, AmericanConnection and Executive Airlines. Picture a young-end Baby Boomer as a throwback to . BNSF 1 Gerald Grinstein - (SLIDER JAKE) BNSF 1 Gerald Grinstein - (THE RAILFAN.NET USERNET ABPR PHOTO ARCHIVES) BNSF 1 Gerald Grinstein - (THE RAILFAN.NET USERNET ABPR PHOTO ARCHIVES) BNSF 1 Gerald Grinstein - (J. Longtime friend Nick Hanauer, with whom he started the Seattle venture-capital fund Second Avenue Partners, called Mr. Grinstein a walking Rolodex., He loved to talk and tell jokes and he may have been the funniest guy in Seattle, Hanauer said. Born: c. 1932 Birthplace: Seattle, WA Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Business Nationality: United States Executive summary: CEO of Delta Air Lines, 2004-07 Wife: Lyn (four children) University: Yale University (1954) Law School: Harvard Law School (1957) Administrator: Regent, University of Washington (1998-2004) Delta's restructuring is projected to more than halve its net debt to $7.6 billion at the end of 2007 from $16.9 billion at June 30, 2005, it said. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. ""Our rhetoric was terrific, but the performance wasn't there." [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. sale He was focused, effective, and (and I mean this) understated. "That was a 10 percent raise!".